zpwe · HackerTrans

قبل 5 سنواتdiscuss

In my opinion Zero Hedge is more doom and gloom boomer centric and racist/hate filled. Despite Wall Street Bets use of what would be considered foul and derogatory language, giving back and donating to charities is encouraged. There was a post showing a donation of $420.69 encouraging others to donate gains to an autism charity given how freely the term is thrown around and how the majority of the community is a self proclaimed autist.

zpwe

قبل 5 سنواتdiscuss

I was one of the first if not the first people to post weekly options yolo on WSB that gained traction years ago, I get a bit more into it in other posts.

Most of these top firms have a specific pipelines from top ivy schools, they are very very selective for a specific person usually from an upper class upbringing.

I think Chamath has a point in that there's a lot more people capable of understanding the dynamics of options than are given credit for.

There still seems to exist this hubris in wall street that unless you went to those top schools you aren't capable of understanding derivatives and most of those institutions won't even interview you for a position if your CV isn't prestigious enough. Yet time and time again you see these funds blow up.

That being said its amusing how people just ran with the caricature of a fresh out of high school, blue collar upbringing, degenerate CBOE options pit trader who you would find smoking weed during trading hours and coked out pounding drinks at Ceres after hours with an autistic antisocial 4chan twist(heard stories from people who knew floor traders like this).

It seems like a lot of the professionals can't see past the tongue in cheek self deprecating humor to realize its an act that people play up.

zpwe

قبل 6 سنواتdiscuss

Inverse WSB, by the time people on WSB are talking about the trade, its too late and better to take the opposite side. Happened with SLV, and TSLA battery day. Most times good plays or ideas that are posted before the fact get ridiculed and don't get traction until after they played out.

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